Chase Private Client $1,250 Sign-Up Cash Bonus

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Experience a banking relationship that brings you a dedicated team with a variety of solutions and benefits. New Chase Private Clients can now enjoy a $1,250 bonus when you sign up. To earn the bonus, transfer a total of $250,000 or more in qualifying new money or securities to a combination of eligible checking, savings and/or investment accounts within 45 days. After that, you must maintain the balance for at least 90 days. Be sure to note that this offer available to existing Chase customers only.

Enjoy the benefits that small business specialists provide. This includes enjoying great financing options, improved cash flow, and solutions for making payments. Many business owners are eligible for a dedicated Business Banking Relationship Manager, who is specially trained to work with businesses.

In addition, you also can take advantage of their Platinum Business services. Similarly, this account also has no fee for electronic deposits. You have a choice of additional benefits, either a reduced minimum balance requirement, or no monthly service fee on a Chase Total Business Checking® account.

How To Earn The $1250 Bonus

HOW TO EARN BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT

To get started, you must enter your email address on the offer page to receive your own Upgrade Code.

After that, you will have to transfer a total of $250,000 or more in qualifying new money or securities to a combination of eligible checking, savings and/or investment accounts within 45 days, and maintain the balance for at least 90 days.

Finally, wait 10 business days for the $1,250 bonus to be deposited into your new account.

This offer is exclusive to current Chase members only.

Enjoy a $1,250 bonus when you join Chase Private Client. Within 45 days, transfer a total of $250,000 or more in qualifying new money or securities to a combination of eligible personal checking, savings and/or investment accounts, (excludes: Any J.P. Morgan retirement accounts and CDs) and maintain the balance for at least 90 days. Offer available to existing Chase customers only.

Although there are no monthly services fees for the Chase Private Client, it is required that you maintain at least $250,000 in combined account balances.

This offer is not available to existing Chase Private Client customers.

The following accounts are ineligible accounts: any You InvestSM accounts, Certificates of Deposit, insurance products; fixed and variable annuities; 529 College Savings Plans; any retirement accounts such as Traditional and Roth IRAs, Keogh, Simple IRAs, and 401(k) Plans. This means, your $250,000 account balances must be maintained in solely Checking and Savings accounts.

Qualifying new money or securities must be transferred from non-Chase or J.P. Morgan accounts and cannot be funds or securities held by Chase or its affiliates.

You can only participate in one Chase Private Client Checking, Sapphire Checking or You Invest new money bonus in a 12 month period.

The coupon you receive to participate in the offer can only be used once.

Bonuses are considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).

More For You, Your Family and Your Business. Receive priority service, family benefits, business tools, 24/7 support, and financial specialists when you need them. Service Benefits:

Treat yourself

Build a personal relationship with a dedicated banker who provides guidance on the privileges and services available to you

Access a 24/7 Private Client Banking Services line in the U.S. just for Private Clients

Receive a rushed replacement debit or credit card almost anywhere in the world at no charge

Treat your family

Extend your benefits to an immediate adult family member who is a joint owner on your Chase Private Client deposit accounts

Treat your business

Work with a dedicated Business Banking advisor who provides advice on achieving your business goals

Receive guidance from a team that specializes in helping improve cash flow, finding payment solutions and providing financing options

Far-reaching Benefits at Home and Abroad. Our Arts & Culture Card gives you special access to cultural institutions in select cities, while our travel benefits make it more convenient to see the world. Travel Benefits:

Enjoy local arts and culture

Get special access to local institutions in select cities through the Chase Private Client Arts & Culture program

Bring more conveniences with you

No foreign exchange rate adjustment fees for debit card usage or ATM withdrawals in a currency other than US dollars

Choose from a selection of credit cards with distinctive travel benefits

Eligibility

To enjoy the benefits of being a Chase Private Client, you need to maintain an average daily balance of $250,000 or more. This can be in any combination of qualifying personal or business deposits and investments. If your total balance doesn’t meet our requirements, we may work with you to determine an alternate Chase product.

You’ll only qualify for Chase Private Client if you have at least $250,000 in your Chase investment and bank accounts.

While this online platform gives you free stock and ETF trades, You Invest is suited for beginner investors. You’ll also still pay for bond and mutual fund purchases.

With a minimum deposit requirement of $250,000, you could potentially earn a lot more interest if you were to deposit that amount in a different savings account.

Chase can help you manage your investments, but you’ll still be on the hook for any fees — which can be high compared to other services.

Bottom Line

In conclusion, Chase Private Client is a membership upgrade that comes with a long list of exclusive benefits and perks including a variety of unique solutions and benefits, along with a dedicated internal team. Although there are no membership fees to be a Chase Private Client, you’ll need to maintain a minimum balance of $250,000 in any combination of qualifying personal or business deposits and investments.

However, if you don’t meet the $250,000 balance requirement or prefer to earn interest on your money, you may want to find another option that better suits your situation.

Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

About Danny Nguyen

Danny Nguyen is born and raised in Dallas/Fort Worth, Texas. He has a keen sense in how to save and make money while being as frugal as possible. With this, he is committed to passing on this knowledge and skills to our readers. Outside of work, Danny enjoys helping and giving back to the community, reading, working out, and spending time with what matters most - family!

Comments

A caution – I recently upgraded my Chase account to a Private Client account for this bonus. I did get the bonus but have had other negative experiences thus far.

Example – I wanted to invest the cash in a money market fund for the near term. I have a professional background in institutional investing and told the financial advisor this noting that I would not need investment advice and he sent me forms to open a brokerage account. Once the account was open I tried to buy the fund I selected, it showed up on the system but wouldn’t let me buy it. This happened with 3-4 other funds in this same sector that I asked about. There are at least 10-15 funds available in this sector. Asked the advisor about it and he said the only fund I could get in this sector is a JPMorgan fund (their affiliate/parent). The recent performance on that fund was around 50 bp below that of my first choice fund, very significant for a money market fund. Only when I pressed the point as to why would the system show the fund if you can’t transact in it was I told about the the discounted brokerage account, YouInvest, in which I could buy it. So off the bat I was directed to the higher fee account with access to limited investment options and was never told this was available. Made me wonder about the compensation/incentive structure of Chase’s advisors and put me on alert.

Since then I also find the customer service to be poor. When I call or send emails it almost always requires follow up to get an answer. Don’t know if this is standard level of service or perhaps because I moved the money from the full fee brokerage account, but they still have my money. Not what I would expect from a private banking account.

Earn a $200 bonus when you open a new Chase Total Business Checking® account and deposit $1K or more in new money within 20 business days & maintain that balance for 60 days, and complete 5 qualifying transactions within 60 days. Get Coupon---Review

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